Post Tagged with: "Revenue"

Halliburton Lands Nine Contracts for Offshore Project in West Africa

Halliburton Lands Nine Contracts for Offshore Project in West Africa

From The Houston Chronicle


Houston oilfield service company Halliburton has landed nine contracts to drill and complete a series of wells off the coast in West Africa.

Australian exploration and production company Woodside Energy awarded the contracts to Halliburton as …

Source: Quintana Energy Services

Quintana Energy Services Names New CEO

By Tyler Losier, Energy Reporter, Oil & Gas 360

Christopher J. Baker named president and CEO of Quintana Energy Services
Quintana Energy Services (stock ticker: QES), an onshore oilfield services company operating across the United States, has named Christopher J.

GE’s Baker Hughes Beats Estimates on International Demand, LNG Drilling

GE’s Baker Hughes Beats Estimates on International Demand, LNG Drilling

From Reuters


General Electric Co’s oilfield services arm, Baker Hughes, beat quarterly profit estimates on Wednesday, driven by higher LNG drilling and demand for its oilfield services in international markets, sending its shares up nearly 6%.

Revenue in the oilfield …

BP Profit Again Outstrips Forecasts, Lifted by Higher Oil Output

BP Profit Again Outstrips Forecasts, Lifted by Higher Oil Output

From Reuters


A strong rise in oil and gas production helped BP (BP.L) offset weaker crude prices and refining profit to again beat profit expectations on Tuesday, boosting its shares.

BP’s second quarter contrasts with Total (TOTF.PA) and …

Iran’s Short-Lived Oil and Gas Boom

Iran’s Short-Lived Oil and Gas Boom

Iran’s energy sector will feel the repercussions of renewed sanctions

Iran has the world’s fourth-largest proved crude oil reserves and the world’s second-largest natural gas reserves, but production in the country has been suppressed by international sanctions and underinvestment.

Iran’s Short-Lived Oil and Gas Boom

Although …

All OPEC Members are not Created Equal

All OPEC Members are not Created Equal

Country Budgets in Oil Price Rout are Unsettling Some Members

The oil and gas world is not expecting to receive any groundbreaking news from this Friday’s meeting of the Organization of Petroleum Exporting Countries (OPEC). But the likelihood of all …

June 1, 2015 - 7:10 pm International, Oil and Gas 360 Articles, OPEC
OPEC Revenues to fall 46% by the end of 2015

OPEC Revenues to fall 46% by the end of 2015

The Energy Information Administration (EIA) estimates that OPEC revenues from net oil exports will fall substantially from 2013 levels. The EIA estimates that OPEC, excluding Iran, will earn about $700 billion in revenue from exports in 2014.The forecast is a …

December 17, 2014 - 2:19 pm Oil and Gas 360 Articles, OPEC
Alaska Faces $3.5 Billion Deficit as Oil Prices Drop

Alaska Faces $3.5 Billion Deficit as Oil Prices Drop

Alaska’s revenue forecast, released Wednesday, predicts a deficit of $3.5 billion, an increase of $2.1 billion from what lawmakers expected in April.

The forecast expects unrestricted general fund revenue of $2.6 billion this year, down from $5.4 billion in 2014, …

December 12, 2014 - 3:48 pm Commodity Pricing, Oil and Gas 360 Articles